Global Digital Door Lock System Market Size to reach $7.9 billion by 2023

Growth, Trends and Report Highlights

According to a new report Global Digital Door Lock System Market, published by KBV research, the Global Digital Door Lock System Market size is expected to reach $7.9 billion by 2023, rising at a market growth of 32.3% CAGR during the forecast period. The Europe market holds the largest market share in Global Fingerprint Recognition Biometric Market by Region in 2016 and would continue to be a dominant market till 2023, growing at a CAGR of 27.6 % during the forecast period. The North America market is expected to witness a CAGR of 29.7% during (2017 - 2023) in Global Voice Recognition Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 32.4% during (2017 - 2023) in Global Face Recognition Market.

The Commercial market holds the largest market share in Global Digital Door Lock System Market by End User in 2016 and would continue to be a dominant market till 2023. The Industrial market is expected to witness a CAGR of 33.5% during (2017 - 2023). Additionally, The Residential market would garner market size of $1,270.7 million by 2023.

Full Report:https://www.kbvresearch.com/digital-door-lock-system-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Digital Door Lock System Market have been discussed in the report with the elaborated company profiles of Honeywell International Inc., Assa Abloy Group, Cisco Systems, Inc., United Technologies Corporation, Siemens AG, Panasonic Corporation, Nestwell Technologies, Vivint, Inc., Godrej Group (Godrej and Boyce), and Hanman International Pte Ltd.

Global Digital Door Lock System Market Size Segmentation

By Type

• Biometric
  • Fingerprint Recognition
  • Voice Recognition
  • Face Recognition
  • Iris Recognition
  • Palm Recognition
  • Others
• Keypad Lock
  • Magnetic Strip & Electronic Strike Lock
  • Electromechanical Lock

By End User

• Commercial
• Government
• Industrial
• Residential

By Geography

• North America Digital Door Lock System Market Size
  • US Digital Door Lock System Market Size
  • Canada Digital Door Lock System Market Size
  • Mexico Digital Door Lock System Market Size
  • Rest of Global Digital Door Lock System Market Size
• Europe Digital Door Lock System Market
  • Germany Digital Door Lock System Market
  • UK Digital Door Lock System Market
  • France Digital Door Lock System Market
  • Russia Digital Door Lock System Market
  • Spain Digital Door Lock System Market
  • Italy Digital Door Lock System Market
  • Rest of Europe Digital Door Lock System Market
• Asia Pacific Digital Door Lock System Market
  • China Digital Door Lock System Market
  • Japan Digital Door Lock System Market
  • India Digital Door Lock System Market
  • South Korea Digital Door Lock System Market
  • Singapore Digital Door Lock System Market
  • Malaysia Digital Door Lock System Market
  • Rest of Asia Pacific Digital Door Lock System Market
• LAMEA Digital Door Lock System Market
  • Brazil Digital Door Lock System Market
  • Argentina Digital Door Lock System Market
  • UAE Digital Door Lock System Market
  • Saudi Arabia Digital Door Lock System Market
  • South Africa Digital Door Lock System Market
  • Nigeria Digital Door Lock System Market
  • Rest of LAMEA Digital Door Lock System Market

Companies Profiled

• Honeywell International Inc.
• Assa Abloy Group
• Cisco Systems, Inc.
• United Technologies Corporation
• Siemens AG
• Panasonic Corporation
• Nestwell Technologies
• Vivint, Inc.
• Godrej Group (Godrej and Boyce)
• Hanman International Pte Ltd.

Unique Offerings from KBV Research

• Exhaustive coverage of Global Digital Door Lock System Market Size
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

North America Digital Door Lock System Market (2017-2023)

Europe Digital Door Lock System Market (2017-2023)

Asia Pacific Digital Door Lock System Market (2017-2023)

LAMEA Digital Door Lock System Market (2017-2023)